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here as a massacre. one that targeted the home of a senior member of hamas' military according to the israelis but inside that residential house were families. 12 people were killed including four children and four women. it's created a sense of anger among many here in the palestinians of gaza that the international community is not exerting enough pressure to stop the assault on the people of the gaza strip. palestinian faction says they are prepared in the event that israel launches a ground invasion here. they are willing to defend their territory with their lives. in egypt the focus has shifted a bit because politicians are trying to broker a cease-fire or truce between israel and palestinian factions. there are sticking points but there are signals or at least some early signs that a truce may be on the horizon that would be welcome news for people certainly in gaza and also in israel. back to you. >> thank you so much for that. reporting through the weekend and today from gaza. oil prices rising as fighting between israel and hamas does continue. could this be the beginn
and hamas exchanging more fire overnight. >> reporter: good afternoon. it's about the diplomatic activity under way right now. indications there may be a truce on the horizon. coming from cairo where egypt's president mohammad speaking to mourners saying egypt was passing through difficult days but there could be light at the end of the tunnel and referred to the truce that may be taking place in egypt. he said that the aggression on gaza would end on tuesday. didn't give details about that agreement. reports coming out of israel citing officials on israel radio that a truce could be announced as late as tuesday night this evening with the arrival of u.s. secretary of state hillary clinton. that's what's happening outside of gaza. here in gaza it still feels like a war footing. in the last couple of hours the iz rally israelis have warned of imminent attacks on homes and neighborhoods and forcing people to leave their cities and move into central gaza and an indication that a ground invasion may be imminent if a truce is not sealed within the next couple of hours. you can get a sense ther
strikes in the gaza strip that killed one of hamas leaders. the managing director at the lrksz ind group. what do you see now on the oil market. >> you're playing israel, if israel invades on land and then decides to go into the trip, then you know that's u.s. escalation you're looking for, the unknown is what will drive the oil price, not that anybody's cutting off the oil, but it could happen. we don't snknow itcf that's goio draw in iran. it's all happening after the election. i think the president had a deal, the deal was do nothing while we're running. syria is right on the border with the problem, this whole thing is coming apart right in front of us a and while we have talked about it for a long time, each month that goes by, israel wants to get more aggressive and now what's to stop them? >> there is a bbc report suggesting that obama and netanyahu have done a deal on the length and the duration of the attacks. "the washington post" this morning is fairly hawkish on what is going on. it talks about if it is drawn out, triggering potentially a barrage of retaliatory attacks from m
in the week on what was happening in the gaza strip between israel and hamas and they felt that's the bigger dynamic in the week. others disagree. one thing's for sure, if you look at a longer chart, we have raised the gains of europe since september the 6th with the clear promise of the ec b that they would if required to have that unlimited buying of the bonds. still, of course, we work our way through disappointing corporate results. you don't know the german player and might know personal detergent or lock tight glue. they had organic growth announcement below what the market was opening for. you see that stock down 4%. after a good run. telecom lower around europe today. not paying the dividend. well, we thought they were going to spin off the fixed line business and maybe not happening and also some of the banks were lower in a general down day across europe today. there you go. the portuguese bank down 7%. carl, let me just leave you with one thought if i may as we discuss the fiscal cliff and working through what's happening in washington. deutsche banc with a note out today where it
're looking at oil prices that are lower. the truce is holding between israel and hamas and that's something that's perhaps putting some pressure on prices. the cease-fire holding and the fact that we are looking at some weakness here in the euro and traders continue to eye what is happening there in the eurozone over the greek debt deal. we're also watching of course the protest that erupted over a three-day period in egypt and that could lend some support to the oil price going forward. we are watching metals market which is somewhat lower here. gold prices after the significant rally on friday seem to be in this range between 17.46 and 17.55. we're looking at copper prices and there's a lot ahead for this market to watch namely what's happening in china and pmi data coming out later in the week. the big story in commodities definitely the slide that we're seeing in natural gas down about 4%. warmer temperatures ahead for the month of december. that is what's pressuring the nat gas market. back to you, david. >> now i want to resist a story we brought to you on friday and it continues. not
Search Results 0 to 4 of about 5